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India s Gujarat state braces for most severe cyclone in over two decades

India s Gujarat state braces for most severe cyclone in over two decades
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India to start evacuating parts of west coast as cyclone

By Sumit Khanna Ahmedabad, May 16 (Reuters) - India is preparing to evacuate thousands of people from low-lying areas along its western coast as a powerful cyclone is expected to make landfall on Tuesday morning in the state of Gujarat. It is very likely to intensify further during the 24 hours, and move north-northwestwards and reach Gujarat coast in the evening of 17th (May), the India Meteorological Department said in a statement. Cyclone Tauktae, which formed in the Arabian sea, is expected to cross Gujarat with wind gusts of up to 175 kmph (109 mph) and is expected to make landfall in the state the following morning.

India s cenbank tells lenders to re-consider ties with crypto exchanges, traders

India's central bank is informally urging lenders to cut ties with cryptocurrency exchanges and traders as the highly speculative market booms, despite a Supreme Court ruling that banks can work with the industry, three sources told Reuters

India s central bank tells lenders to re-consider ties with crypto exchanges, traders

India s central bank tells lenders to re-consider ties with crypto exchanges, traders Toggle share menu Advertisement India s central bank tells lenders to re-consider ties with crypto exchanges, traders India s central bank is informally urging lenders to cut ties with cryptocurrency exchanges and traders as the highly speculative market booms, despite a Supreme Court ruling that banks can work with the industry, three sources told Reuters FILE PHOTO: A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken January 8, 2021. REUTERS/Dado Ruvic 13 May 2021 06:10PM Share this content Bookmark MUMBAI: India s central bank is informally urging lenders to cut ties with cryptocurrency exchanges and traders as the highly speculative market booms, despite a Supreme Court ruling that banks can work with the industry, three sources told Reuters

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